EODP encourages job creation, new project development, mobilizing broader community stakeholders/players, and forming partnerships that lead to competitive, sustainable local economies. EODP funding serves as a lever for additional investment in eastern Ontario communities by:
- Advancing growth of new and existing businesses in rural eastern Ontario communities;
- Advancing community-led economic development to enhance and diversify local economies; and
- Supporting collaborative economic development projects that benefit multiple communities.
Renewed funding began in 2014 with all projects through Renfrew County CFDC being targeted for completion by December 31st, 2018.
Successful recipients may receive up to 50% of eligible costs net of HST. Private sector businesses can receive a maximum of $100,000 (through one or multiple projects) in EODP contributions within the current contract period (2014-2018).
Overall it is the intent of Renfrew County CFDC to carefully invest in local projects that demonstrate sustainability, drive prosperity and job creation/sustainment through innovation, research and development, commercialization, and businesses practices that work to position the area for global competitiveness, export markets, and economic diversification.
EODP Renfrew County Priorities include:
- Job Creation;
- Sales Growth;
- Increase of Average Incomes;
- Skills Development;
- Product Development;
- New market Development;
- Formation of Business Clusters;
- Adoption of Information and Communication Technologies;
- Clean Technology;
- Life Science;
- Indigenous Peoples.
Eligible Project Applicants include:
- Not-for-profit organizations including municipalities and municipal organizations, corporations, community economic development organizations;
- Commercial enterprises including individuals, corporations, partnerships, cooperatives, or trusts;
- Aboriginal organizations;
- Post-secondary institutions.
- Expansion of Economic Assets (capacity building)
- Industry cluster development and expansion
- Labour market development (skills gap analysis, skills development, worker transition)
- Strategic planning and research studies
- Business Development and Growth
- New business development
- Training & mentoring
- Business start-ups
- Existing businesses
- Productivity enhancements (information and communications technologies, energy, new technologies, productivity assessments)
- Market diversification
- Innovation/product development (research and development)
- Succession planning
- Business Infrastructure
- Business incubators
- Supply chain analysis and development
Eligible Project Recipient costs may include:
- Labour (New hires only)
- Non-capital (Travel only at economy fares and Accommodation only at standard rates)
Ineligible and/or Unsupported Costs
- Costs incurred prior to the eligibility date as defined in the Contribution Agreement
- Costs associated with the development of basic websites;
- Core operating expense
- Municipal infrastructure
- Purchase of land or buildings
- Leasehold improvements
- Purchase or lease of capital equipment
- Purchase of inventory or supplies
- Salaries, wages or other work related payments for regular employees, managers or owners
- Payments to non-arm’s length consultants or other service contractors
- Mandatory training
- Entertainment and hospitality costs
- Membership costs
- Costs associated with financing such as interest, fees, etc.
- Non-incremental wages
- Depreciation or amortization expenses
- Costs of intangible assets
- Losses on investments, bad debts, etc.
- Costs related to litigation
- Lobbyist fees
- Any costs determined not reasonable, not incremental, and/or not directly related to the eligible project activities
- Any cost that is ineligible under the FedDev Ontario's terms and conditions and program policies
The Renfrew County CFDC has a two-stage continuous intake process beginning with a Statement of Interest.
The completed Statement of Interest may be received in-person at our offices, electronically, or via fax:
1035 O’Brien Road, Unit 6
Renfrew, Ontario K7V 0B3
Fax: (613) 431-7840
Upon receipt, your Statement of Interest will be assessed and evaluated against the priorities and eligibilities of the program as outlined in the Federal Economic Development Agency for Southern Ontario (FedDev) EODP guidelines (As outlined in tabs General Intent, Who is Eligible, and What is Eligible).
Following the assessment of your Statement of Interest you will be provided feedback, and if eligible, may be asked to complete a full application as phase 2 of the process.
If a project is selected for support, the CFDC will prepare a Contribution Agreement with terms, conditions and a funding disbursement schedule. No project is expected to extend beyond December 31, 2018.
* Please note: Funding is subject to availability of funds.
Eligible Recipients must demonstrate that they are prepared to and have mechanisms in place to submit data, schedules, plans and reports in sufficient detail for the RCCFDC to:
- Assess project progress
- Post project completion monitoring
- Evaluate the outcomes and effectiveness of the contributions
Eligible Recipients will provide the RCCFDC with Progress/Activity Reports and financial claims on a monthly basis, quarterly or as required and stated in the Contribution Agreement.
Funded by the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), the Eastern Ontario Development Program is available under the following three streams:
Business Development promotes growth of new and existing businesses in rural eastern Ontario communities
Community Innovation supports community-led projects that enhance and diversify local economies
Collaborative Economic Development Projects (CEDP)
Collaborative Economic Development Projects (CEDP) will galvanize innovation capital investment across Eastern Ontario with a high emphasis on catalyzing the private sector and industry-led consortia to invest in projects that will directly result in business growth, job creation and economic diversification.
The intent of CEDP is to help trigger investment decisions that will strengthen innovation across Eastern Ontario and kick start new economic activity. CEDP can unlock the will and determination of Eastern Ontario’s industrial leadership to invest in emerging technologies, productivity enhancements, globally competitive business practices, new product development and skilled workforce development on a pathway to business growth, expansion and profitability. CEDP projects approved for funding will demonstrate benefits to multiple communities and promote broad-based collaborative economic development leading to a competitive and diversified economy, while contributing to the successful development of business/job opportunities and prosperous communities.
Matching non-repayable performance-based contributions will be made to CEDP recipients in the form of 50% reimbursement of eligible and approved costs ($100,000 for for-profit recipients and not normally in excess of $500,000 for not-for-profit recipients).
Find out more: www.financingandstrategy.com/cedp
$400,000 over four years to support the implementation of the Innovation-Collaborative-Entrepreneurship Program (ICE) which seeks to build economic and enterprise support throughout Renfrew County.
Bubble Technology Industries Inc.
$100,000 over three years towards the development of a marketing campaign to position the business in new markets and assist in the diversification of products.
$25,441.57 to assist in bridging operations for Carefor at the Pembroke Civic Complex to its newest Site in Pembroke (formerly known as the Marguerite Centre).
Deslaurier Custom Cabinets Inc.
$31,431.86 to drive productive improvements through the adaptation of new technologies in order to improve workflow.
ETM Industries Inc.
$17, 925 over two years towards the development of a well-structured and executable growth plan for ETM Industries Inc.
$100,000 over five years to support the hiring of new skilled full time employees to increase market competitiveness and overall business strength.
Horsecountry Campground Inc.
$14,788.00 to launch new and innovative tourism products in Renfrew County.
KI Pembroke Inc.
$100,000.00 over two years to support the development of a product line to expand their market competitiveness.
Killaloe Wood Products
$4,748.89 to support costs towards increasing sales in their mulch division through training and new marketing and promotional materials.
The Lavallee Centre
$100,000 over four years to support the transition of the business to a new location and expand on existing services.
Lavern Heideman & Sons Limited
$100,000.00 over two years to assist in the design of the power line, saw mill and planing mill expansion.
Nova Pole Industries Inc.
$100,000.00 over two years to support the re-establishment of a metal structural pole manufacturing company in Renfrew.
Pembroke & Area Airport Commission
$13,375.50 to complete a study on the economic impact of the airport in the community (current and future).
Renfrew Chiropractic & Rehabilitation Centre
$20,278.66 over two years to support skill development of existing employees.
SRB Technologies (Canada) Inc.
$100,000.00 over two years to support business growth and development.
The Mix Company
$17,923.25 to assist the expansion of branding and manufacturing capacity in order to better reach local retail outlets.
ACFO Association des communautés franco-ontariennes
$5,082.00 to assist in maintaining the francophone summer camp in 2015 with the objective to promote the French language as a culture to youth in the area.
The Corporation of the Township of Madawaska Valley
$4,750.00 to establish priorities for the township and allow council to lay the groundwork for new/renewed community investment.
$3,346.00 to advance knowledge to offer more services/options to clients and add credibility to this start-up venture.
City of Pembroke
$12,566.00 to develop a Community Improvement Plan for the City of Pembroke.
$40,376.00 over 2 years to pilot a new initiative to increase marketing and revenue streams.
$100,000.00 to move forward with planning phases to expand its resort in a manner that promotes the culture and traditions of the Ottawa Valley.
Competition Composites Inc.
$43,184.38 over two years to expand operational capacity.
$100,000.00 over two years to expand business operations.
Horsecountry Campground Inc.
$6,700.00 over two years to assist with the development of a new tourism product called “Raft & Ride.”
The Corporation of the Township of Madawaska Valley
$14,000.00 to provide the Township the opportunity to implement a succession plan for their building department.